Related News
Outbound M&A to double in H2
By Winny Wang |
September 5, 2011, Monday
|
Online Edition
Online Edition
THE value of outbound merger and acquisition activities by Chinese investors is expected to double in the second half of this year from US$17 billion in the first half, Deloitte said in a report today.
"Chinese companies are increasingly willing to invest abroad, driven by the need to secure raw materials from overseas and to escape from the overly crowded domestic markets," said Lawrence Chia, head of M&A services of Deloitte China.
"By investing overseas, Chinese companies can also acquire new technologies, create partnerships back home and pave the way for their future investment in a target country," said Chia.
He said M&A activities would be the most active among energy and resources companies, which contributed 32 percent of overall outbound deal flows in the first half.
Under the guidance of the Chinese government, investments also flew into other value-added industries, such as consumer business and transport, as well as technology, media and telecommunication, which accounted for 29 percent of the total amount.
Last year, Chinese buyers took part in US$62 billion of outbound M&A activities 鈥 a 157 percent jump year-on-year.
"Chinese companies are increasingly willing to invest abroad, driven by the need to secure raw materials from overseas and to escape from the overly crowded domestic markets," said Lawrence Chia, head of M&A services of Deloitte China.
"By investing overseas, Chinese companies can also acquire new technologies, create partnerships back home and pave the way for their future investment in a target country," said Chia.
He said M&A activities would be the most active among energy and resources companies, which contributed 32 percent of overall outbound deal flows in the first half.
Under the guidance of the Chinese government, investments also flew into other value-added industries, such as consumer business and transport, as well as technology, media and telecommunication, which accounted for 29 percent of the total amount.
Last year, Chinese buyers took part in US$62 billion of outbound M&A activities 鈥 a 157 percent jump year-on-year.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
